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host: the next fight which president obama said he is open to talking about, more spending cuts and more tax revenue has to be on the table during those talks. let's say it doesn't happen on debt ceiling. where would you agree to spending cuts on the medicare and social security? guest: they are way down on the list. of buy li my i will not agree to balancing the budget on the backs of people who can least afford it. people have paid into these programs and they do not deserve to have the government turned their back on them and start cutting these programs in the name of balancing these programs. these are programs -- nobody is getting rich on social security. have a staggering number of people who exist on their social security benefits, which they earned over their lifetime of working. cutting spending and focusing on social security is a huge mistake. host: you are serving on a task force to look at different legislation on gun control. this task force will present the recommendations in february. guest: i was honored that i was selected to that task force. i will be on that task for
host: the next fight which president obama said he is open to talking about, more spending cuts and more tax revenue has to be on the table during those talks. let's say it doesn't happen on debt ceiling. where would you agree to spending cuts on the medicare and social security? guest: they are way down on the list. of buy li my i will not agree to balancing the budget on the backs of people who can least afford it. people have paid into these programs and they do not deserve to have the...
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Jan 15, 2013
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and we must remember when we talk about rights, children have a right to be safe. so i applaud president obama and vice president biden for proactively taking the necessary steps to address this critical issue. it's going to take all of us united, regardless of party affiliation or our differing views on constitutional rights, to stem this tide of violence. more importantly we must take a hard look at funding for mental health services and other services. we must look at sinking technology -- syncing technology to ensure proper and tighter access to firearms. we must place adequate controls on ammunition. bottom line, we must protect our schools, our communities, children and families must be safe. i respectfully ask my colleagues to make this issue of violence a priority and to support our nation's leadership as they work through resolving this challenge which should not be difficult. if we compromise and keep focusing on saving lives. madam chair, i pledge to support you and to support all my other colleagues with the congressional black caucus to make a difficul
and we must remember when we talk about rights, children have a right to be safe. so i applaud president obama and vice president biden for proactively taking the necessary steps to address this critical issue. it's going to take all of us united, regardless of party affiliation or our differing views on constitutional rights, to stem this tide of violence. more importantly we must take a hard look at funding for mental health services and other services. we must look at sinking technology --...
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Jan 15, 2013
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rich: president obama said he will not negotiate. he will talk spending cuts and, perhaps, revenue. back to you. lori: thank you so much. new warnings on the debt ceiling. timothy geithner telling congressional leaders that the u.s. will exhaust its limit mid-february. bernanke urging congress to extend borrowing authority well before the deadline. the u.s. could lose its aaa rating, so where do we go from here? wonderful to have you with us. you believe the u.s. will not default on its debt. how will washington get to that point? there is a proposal of delaying inflammation of the obama law. >> everything is on the table, including the delight that the republicans are talking about. my guess is, or that our guess is, they will go all the way down to the wire. whether there will be enough to talk about a substantial reduction in the debt, i think that is a little bit more up for grabs. we will get pretty close to that line. in the process, the worry is not that we do fall, but that the markets could get very upset. as they did in the summer of 2011, especially the stock market. lori
rich: president obama said he will not negotiate. he will talk spending cuts and, perhaps, revenue. back to you. lori: thank you so much. new warnings on the debt ceiling. timothy geithner telling congressional leaders that the u.s. will exhaust its limit mid-february. bernanke urging congress to extend borrowing authority well before the deadline. the u.s. could lose its aaa rating, so where do we go from here? wonderful to have you with us. you believe the u.s. will not default on its debt....
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Jan 15, 2013
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president obama saying that he is not negotiating it. he says he is willing to talk about deficit reduction, perhaps modest reduction to healthcare spending. as long as it comes with curbing loopholes and tax reductions for wealthier individuals. congress should just do it. back to you. connell: let's bring in dylan glenn. former advisor to george w bush. rich said that republicans have reasons for not having this meeting today. the president is standing back and think i am not negotiating on this and the republicans are all over the map. >> i do not think that this is a big deal. i do not see that as a big issue. what is coming out of this weekend retreat is far more important. connell: i would like to be a fly on the wall for that. >> also what is important is to remember how we got here. he has run trillion dollar deficits for the past four years of his administration. you have to pass a budget in the united states senate. he will be doing his sort of constitution getting a budget up to the congress. this is a challenge. we have to ha
president obama saying that he is not negotiating it. he says he is willing to talk about deficit reduction, perhaps modest reduction to healthcare spending. as long as it comes with curbing loopholes and tax reductions for wealthier individuals. congress should just do it. back to you. connell: let's bring in dylan glenn. former advisor to george w bush. rich said that republicans have reasons for not having this meeting today. the president is standing back and think i am not negotiating on...
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Jan 15, 2013
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president obama again rejected any negotiation with republicans over the debt ceiling. i love the debt clock. it's almost as fast as the amount of money they're going to earn tr nike. >> and is we'll talk about that. >> meanwhile, fed chairman ben bernanke speaking monday warned the u.s. economy isn't out of the woods yet and is still at risk from political gridlock. >> raising the debt ceiling, which congress has to do periodically, gives the government the ability to pay its existing bills. it doesn't create new deficits, it doesn't create new spending. so not raising the debt ceiling is sort of like a family trying to improve its credit rating saying, i know how we can save money, we won't pay our credit card bills. not the most effect of way to improve your credit rating. >> ben bernanke says the u.s. economy appears to be willing to raise the debt ceiling. it's downplaying fierce that this could lead to higher inflation. >>. >> what do you think? >> well, i think, you know, what we've seen in the beginning of the year, like the solution of the fiscal cliff for the
president obama again rejected any negotiation with republicans over the debt ceiling. i love the debt clock. it's almost as fast as the amount of money they're going to earn tr nike. >> and is we'll talk about that. >> meanwhile, fed chairman ben bernanke speaking monday warned the u.s. economy isn't out of the woods yet and is still at risk from political gridlock. >> raising the debt ceiling, which congress has to do periodically, gives the government the ability to pay its...
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Jan 15, 2013
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at no point did he talk about performance-enhancing drug use or anything like that. they had to continue to do the work they are doing. >> the apology for doping. ed, appreciate the update. turning to washington, d.c. where president obama is looking over the vice president's recommendations on preventing gun violence. the ideas include these things proposing background checks on all gun sales, making certain weapons off limits and keeping guns away from the mentally ill. taking on pro gun groups saying they are using fear to sell more firearms. following those for us, let's begin by digging deeper for the vice president's recommendations. >> the vice president was to have made those recommendations today, they are now reviewing these because he sat down with the president and went over the recommendations and the president is pointing out that later in the week they will be spelling out the details. the universal background checks and the high capacity magazine clips. they still support a ban on assault weapons. some of these things will need congressional approval,
at no point did he talk about performance-enhancing drug use or anything like that. they had to continue to do the work they are doing. >> the apology for doping. ed, appreciate the update. turning to washington, d.c. where president obama is looking over the vice president's recommendations on preventing gun violence. the ideas include these things proposing background checks on all gun sales, making certain weapons off limits and keeping guns away from the mentally ill. taking on pro...
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Jan 15, 2013
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>>gretchen: let's talk about politics because there is no trash talking in politics. we all know that; right? back in september of 2006, i think it was, president obama -- and 2008, by the way -- when he was a senator, he talked a lot about the debt ceiling. remember, president bush was in office at the time, so senator obama would probably be against some of the things he was talking about, particularly the debt ceiling. the senator called it irresponsible to increase the debt. listen to then-senator obama. >> the problem is that the way bush has done it over the last eight years is to take out a credit card from the bank of china in the name of our children, driving up our national debt from $5 trillion for the first 42 presidents. number 43 added $4 trillion by his lonesome so we now have over $9 trillion of debt that we are going to have to pay back, $30,000 for every man, woman and child. that's irresponsible. it's unpatriotic. >>steve: there you've got the president, back then senator, back in the day saying that president of ours, he's running up the bills, and
>>gretchen: let's talk about politics because there is no trash talking in politics. we all know that; right? back in september of 2006, i think it was, president obama -- and 2008, by the way -- when he was a senator, he talked a lot about the debt ceiling. remember, president bush was in office at the time, so senator obama would probably be against some of the things he was talking about, particularly the debt ceiling. the senator called it irresponsible to increase the debt. listen to...
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Jan 15, 2013
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, criticizing, talk to the supreme court what congress said. that same situation. >> why is that? why is that iraq i think in part actually this just that to close. it has come up wraparound the actual polarization. i think the one thing we can take away from this whole situation is that bullies when. as much as we believe. nothing more. basically he can call people up and humiliate them and bash them, and it does manage you intimidate governments and leaders radical institutions. i think that is a problem. we all feel what could happen. of the -- of 81 should have called what happened a coup. it was, but the fact that no one raised the question of what this meant for their respective the letter. it is not the spirit of the constitution. it was very sad. worse, and this is a government that is very good. always staying a few -- shades of gray, and not the novel, but consistently named supreme court justices violating procedures, and consistently now -- if it comes to an election let me venture a guess, the constitution requires an election be h
, criticizing, talk to the supreme court what congress said. that same situation. >> why is that? why is that iraq i think in part actually this just that to close. it has come up wraparound the actual polarization. i think the one thing we can take away from this whole situation is that bullies when. as much as we believe. nothing more. basically he can call people up and humiliate them and bash them, and it does manage you intimidate governments and leaders radical institutions. i think...